Apart from Infosys, players like Tata Consultancy Services and Mindtree have also pointed towards weakness in the financial services sector and project delays and cancellations that could impact the growth of the USD 110 billion IT services sector in the near term.
Hiring has grown nine per cent this year. And the banking and IT sectors are leading the game.
While growth metrics for Infosys was skewed to a single vertical and it is struggling to get a handle on costs, TCS has been able to manage growth and keep cost inflation under control.
Wondering if you did the right thing with your mutual fund investments?
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Banks should try its best to retain talent.
It was the second straight week of gains for the benchmarks.
While money is among the key reasons why employees move to a new company, a strong company culture can also attract employees.
Time opportune, with market buoyancy and entry of new entities
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Grant Thornton reports says total value of deals in 2013 crosses $8 bn, up 34% from the year-ago period, momentum likely to continue
Currency volatility to have negative impact of 275 bps
There is a lot of optimism as regards the defence, railway and manufacturing sectors.
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Steps announced by new RBI Governor Raghuram Rajan could attract $10 billion of forex inflows in the next three months and this could be a material near-term positive for the rupee, which has lost 20 per cent since January, the London-based banking and financial services company said.
With the arrival of new players such as Amazon Pay, Google Tez and Flipkart's PhonePe, digital money companies are now changing their business pitch.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
After selling Polaris to Virtusa, Arun Jain will focus on Intellect Design, play the role of mentor and angel investor, and pursue his interests in healthcare and education.
'A key trend that one should expect to see is tonnes of failures.' 'Several blockchain-focused companies will fail.'
Job seekers can look forward to a prosperous new year as more than 850,000 new jobs are expected across various sectors, including FMCG and healthcare, says a survey.
Sebi has decided to lay out strict timelines for completion of actions.
It will be headed by Secretary, Department of Financial Services.
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
The US and Europe are key markets for the over $ 140 billion Indian outsourcing sector.
'We have close to 30 per cent share of the Indian public cloud market'
How does one measure the value of a 'like' in terms of two specific metrics, brand affinity/preference and brand purchase intent/loyalty?
Good performances by most information technology (IT) companies in the September quarter and improved forecasts notwithstanding, with the exception of Infosys, stocks of IT biggies such as TCS, Wipro and HCL Technologies have fallen three to nine per cent since Infosys announced its earnings on October 11.
Sensex under pressure as Yellen signals rate hike; banking stock slip.
The trend is expected to remain bullish in 2015, global consultancy Grant Thornton said
According to the survey carried out by IDC recently, India scores the highest (8.5) on the happiness quotient of its banking citizens, followed by Indonesia (8.33), New Zealand (8.27) and China (7.93).
Will Infy spring a surprise in subdued second quarter?
The main issues confronting CFOs currently, according to Deloitte, are the current economic slowdown, a depreciating rupee and inflation.
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
It's the second time Nasscom has projected single-digit growth in a decade.
Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
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